Sinher Technology (TPE:4999) Debt-to-Equity : 0.04 (As of Mar. 2024)

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What is Sinher Technology Debt-to-Equity?

Sinher Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$86 Mil. Sinher Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$50 Mil. Sinher Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$3,352 Mil. Sinher Technology's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Sinher Technology's Debt-to-Equity or its related term are showing as below:

TPE:4999' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.11
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Sinher Technology was 0.11. The lowest was 0.00. And the median was 0.05.

TPE:4999's Debt-to-Equity is ranked better than
86.76% of 2613 companies
in the Industrial Products industry
Industry Median: 0.28 vs TPE:4999: 0.04

Sinher Technology Debt-to-Equity Historical Data

The historical data trend for Sinher Technology's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sinher Technology Debt-to-Equity Chart

Sinher Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.07

0.04

0.05

Sinher Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.05	0.05	0.05	0.04

Competitive Comparison of Sinher Technology's Debt-to-Equity

For the Tools & Accessories subindustry, Sinher Technology's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sinher Technology's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sinher Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sinher Technology's Debt-to-Equity falls into.

Sinher Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sinher Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(153.864	+	1.755)	/	3388.768
	=	0.05

Sinher Technology's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(86.213	+	49.986)	/	3351.685
	=	0.04

Sinher Technology (TPE:4999) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Sinher Technology Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Sinher Technology's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Sinher Technology (TPE:4999) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sinher Technology Inc Ltd (TPE:4999) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.27-1, Lane 169, Kangning Street, Xizhi District, New Taipei City, TWN, 22180

Website

http://www.sinher.com.tw

Sinher Technology Inc Ltd is engaged in researching, developing, manufacturing, and selling the parts of the hinge. The company offers an NB hinge, Detachable hinge, NB module hinge, Tablet module hinge, 3C hinge, AIO & LCD hinge, and Others. The company's majority of the revenue is generated from China followed by Japan and Taiwan.

Sinher Technology (TPE:4999) Headlines

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